
Chinese firm Webus International Ltd has filed an SEC Form with the U.S. Securities and Exchange Commission to raise $300 million for an XRP strategy framework. The filing confirms Webus's plan to establish a $300 million XRP treasury and to integrate Ripple's payment system. This $300 million XRP treasury management initiative follows a similar announcement by Vivopower, which previously disclosed a $100 million XRP placement. Both treasury vehicles are not currently endorsed by Ripple. The SEC filing highlights Webus's intent to use $XRP as part of its corporate treasury management and Ripple-powered payments integration.
WEBUS FILES WITH SEC TO RAISE $300M FOR XRP TREASURY AND RIPPLE PAYMENTS INTEGRATION Chinese firm Webus has submitted a filing with the U.S. Securities and Exchange Commission to raise $300 million aimed at building an XRP treasury and integrating Ripple’s payment https://t.co/bQP9VIGLSA
💥 NEW: Chinese firm Webus International has filed with the US SEC for a $300 million $XRP corporate treasury https://t.co/YxO8lQHOel
This is now the 2rd $XRP treasury vehicle announced: 1⃣Webus for $300m placement 2⃣Vivopower for $100m placement So far none of them are seemingly @Ripple endorsed. I would expect one s👀n... https://t.co/lQxexrhK8o






